Brands Owned by Bain Capital (21)
Acadia Healthcare (partial)
Behavioral Health
Bain Capital invested in Acadia Healthcare, a behavioral health hospital operator. Acadia has faced investigations into patient safety, insurance fraud, and allegations of holding patients against their will to maximize insurance billing.
Athletico Physical Therapy
Physical Therapy
Bain Capital-backed PT and sports medicine chain with 600+ clinics
Bloomin' Brands (Outback Steakhouse)
Restaurants & Fast Food
Bain Capital, Catterton Partners, and Chris Sullivan took OSI Restaurant Partners (Outback Steakhouse, Carrabba's, Bonefish Grill, Fleming's) private for $3.2B in 2007. Loaded with debt through the financial crisis. IPO'd as Bloomin' Brands in 2012.
Bombardier Recreational Products (BRP)
Sporting Goods
Bain Capital led the acquisition of Bombardier's recreational products division (Ski-Doo, Sea-Doo, Can-Am) for $875M in 2003. BRP went public in 2013. One of Bain's more successful exits.
Bright Horizons
Childcare & Early Education
Bain Capital took public in 2013. Largest employer-sponsored childcare provider with 1,000+ centers
Burlington Coat Factory
Retail & Consumer
Bain Capital acquired Burlington Coat Factory for $2.06B in 2006, taking it private. The company filed for IPO in 2013 as Burlington Stores. Known for aggressive debt load post-acquisition.
Burlington Coat Factory (Canada)
Apparel & Fashion
Canadian arm of the Bain Capital-acquired Burlington Coat Factory business.
Clear Channel Outdoor (iHeartMedia)
Media & Digital Publishing
Bain Capital and THL Partners took Clear Channel Communications private for $26.7B in 2008 — one of the largest LBOs before the financial crisis. The company (renamed iHeartMedia) filed for bankruptcy in 2018 with $20B in debt.
Dollarama
Retail & Consumer
Bain Capital acquired Dollarama (Canada's largest dollar store chain) from founder Larry Rossy in 2004 for roughly CAD $1B. Took public on TSX in 2009. One of Bain's high-profile Canadian investments.
Dunkin' (pre-Inspire)
Restaurants & Fast Food
Bain Capital, Carlyle Group, and THL Partners acquired Dunkin' Brands (Dunkin' Donuts + Baskin-Robbins) for $2.4B in 2006. Took public in 2011. Sold to Inspire Brands (Arby's) in 2020 for $11.3B.
Fogo de Chao
Restaurants & Fast Food
Brazilian steakhouse chain acquired by Bain Capital from Rhone Capital in 2023
Guitar Center
Music & Entertainment
Bain's $2.1B LBO loaded $1.75B in debt. Filed Chapter 11 in 2020 but survived after eliminating $800M in debt.
Gymboree
Apparel & Fashion
Bain's $1.8B LBO loaded $1.2B in debt. Interest exceeded operating profit. Filed bankruptcy twice, liquidated all 1,280 stores. 11,000+ workers lost jobs.
HCA Healthcare (partial)
Hospitals & Healthcare Systems
Bain Capital, KKR, and Merrill Lynch took HCA private in 2006 for $33B — the largest LBO in history at the time. Known for aggressive cost-cutting, staff reductions, and controversial dividend recapitalizations totaling billions before the 2011 IPO.
Hospital Corporation of America — Parallon
Hospitals & Healthcare Systems
Business services spinoff created during Bain/KKR's HCA ownership. Provided revenue cycle management and workforce solutions to hospitals. Merged back into HCA in 2019.
Kindred Healthcare
Senior Living & Nursing Homes
TPG, Humana, and Welsh Carson acquired Kindred Healthcare in 2018 for $4.1B. Bain Capital was an earlier investor. Kindred operates long-term acute care hospitals and rehabilitation facilities. Subject to multiple Medicare fraud settlements.
Perfect Game USA
Youth Sports & Recreation
Bain Capital acquired Perfect Game, the nation's largest amateur baseball scouting and showcase organization, in 2021. Parents and coaches report significant registration and tournament fee increases post-acquisition. Perfect Game hosts 5,000+ events annually.
The Weather Channel (IBM Watson Weather)
Media & Digital Publishing
Bain Capital, Blackstone, and NBC Universal acquired The Weather Channel for $3.5B in 2008. The company struggled with debt and cord-cutting. IBM acquired the data business in 2016 for $2B; the TV channel was sold to Entertainment Studios.
Toys "R" Us
Retail & Consumer
Iconic toy retailer destroyed by $6.6B LBO from Bain Capital, KKR, and Vornado. PE firms extracted $464M in fees while loading $5.2B in debt. 33,000 U.S. workers lost jobs when all stores liquidated in 2018.
Warner Music Group
Music & Entertainment
Bain Capital-led consortium acquired Warner Music Group from AOL Time Warner for $2.6B in 2004. The acquisition preceded significant artist contract restructurings and layoffs. WMG went public in 2020.
When I Work
Software & SaaS
Workforce scheduling and time-tracking SaaS platform for hourly workers. Bain Capital Tech Opportunities led a $200M growth investment in 2021. The platform serves 200,000+ workplaces. Growth investment (minority stake), not a control acquisition.